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Aftermarket Auto Warranty

How can the aftermarket auto warranty benefit you?

The aftermarket auto warranty is a very good piece of coverage to have.  Some may find that it would be of no immediate benefit to them, but others would agree that it is the best thing they could have ever done for themselves and their vehicles.

The aftermarket auto warranty is one which offers the most flexibility than any other type of warranty.  Though it has to be purchased separately from the vehicle in question (often though final sale values reflect this inclusion), it provides such added benefits such as extended coverage either on the period of coverage, the mileage allowance of your coverage, or even the extent of your vehicle coverage itself.  For example, with the purchase of an aftermarket auto warranty you can convert a limited warranty into a fully comprehensive one; you can convert an eighteen month coverage into a thirty six month coverage, or you can even covert a ten thousand mile coverage limitation per year into a twenty thousand mile coverage per year.

Deciding whether or not the aftermarket auto warranty is for you simply depends on whether or not you stand to benefit the most from the additional types of coverage provided by the warranty.  Most people find that they do benefit from the aftermarket auto warranty in the long run.

Advantages of the aftermarket auto warranty

The aftermarket auto warranty is most appreciated for its versatility for auto coverage and its flexibility in terms of purchasing.  It is in fact the only auto warranty that can be negotiated with, although it is also the only warranty for which you must pay for coverage.

The aftermarket auto warranty can be used in combination with any other type of warranty coverage, or it can be used as a stand-alone warranty for the vehicle without any coverage – hence the reason for its versatility.  If you have bought a used vehicle, for example, and you did not receive any warranty coverage with the purchase transaction, then you could simply invest in a suitable aftermarket auto warranty for coverage on you used vehicle.  Also, if you have purchased a vehicle whose existing warranty coverage is due to become void soon, then also the aftermarket auto warranty can be purchased to provide coverage beyond the existing warranty time period.

The flexibility that you obtain with the choice of the aftermarket auto warranty one is also a great bargaining tool during the purchase.  You are not bound to buy the warranty from a specific dealer – you can purchase the aftermarket auto warranty from any other service provider.  Likewise, you can negotiate the types of coverage that you want on your aftermarket auto warranty.

Select warranty carefully


Any car that is on the road is eligible for repair and maintenance from the dealer for a fixed period of time. This service is called auto warranty. The dealer will take care of the repair and maintenance of the car, but is not responsible for replacement of expensive spare parts. Only those spare parts, which are covered under the warranty, are eligible for replacement. In auto warranty, there are two categories. The first category is the new car warranty, which is issued to bran new cars. The second category is the aftermarket auto warranty, issued to pre-owned cars or used cars.

According to the US law, all dealers have to necessarily issue aftermarket auto warranty to used cars. If this rule is not followed, used car owners call pull the dealer to the court of law. Aftermarket auto warranty takes care of the vehicle’s drive train, power train, engine, brake mechanism and steering system. This comes under the basic form of warranty. There is another form called bumper-to-bumper warranty, which takes care of the vehicle end-to-end. This is called a comprehensive warranty. Therefore select the aftermarket auto warranty carefully. Review at least five different forms from third party vendors before finalizing the warranty.

The right time to invest in an aftermarket auto warranty

Often if you buy a new or used car you would be issued with some type of warranty coverage.  Whether or not you are satisfied with the terms of coverage provided to you would depend on the use to which you plan to put your vehicle and the period of ownership that you would expect with your current vehicle.  These and only these should be the biggest influential factors in determining whether or not your warranty is right for you.  If you do decide that you are not satisfied with you existing coverage, then the simplest alternative is to invest in an aftermarket auto warranty.  This warranty can be used in combination with you existing warranty to provide an additional range of featured coverage or even to alter the terms or conditions of your warranty somewhat.

The aftermarket auto warranty is a good idea for example if you plan to keep your vehicle for a long time and you wish it to be covered during the majority of this period.  It is also a good idea to invest in the aftermarket auto warranty if you wish your coverage to cover all the parts of your car as opposed to only the listed parts on your existing coverage.

How the aftermarket auto warranty could benefit you

I think the aftermarket auto warranty was an ingenious idea.  Imagine now that you do not have to settle for the warranty coverage your car dealer offers you with your vehicle purchase.  I could upgrade my warranty coverage, so to speak, by simply buying an aftermarket auto warranty with the coverage that I did not have before.  In fact, now I can turn my basic limited warranty coverage package for my car into a fully comprehensive one! 

And in addition to being able to extend the coverage on my vehicle, I am also able to extend the warranty life of my coverage in general by purchasing the aftermarket auto warranty!  Now it is quite true that if my car warranty is due to expire in a couple of months that it will expire.  But by purchasing an aftermarket auto warranty while my existing warranty is valid, I am able to ensure that my vehicle coverage is constant – that as soon as one becomes void the other ‘kicks in’ so to speak! 

Purchasing an aftermarket auto warranty would also allow me the benefit of extending the mileage coverage of my vehicle.  Some aftermarket warranties do in fact allow mileage coverage of up to one hundred thousand miles – of course though that is dependent on the condition of your vehicle at the time of the purchase.

Aftermarket auto warranty

When a vehicle owner files a warranty claim, they are entitled to repair and maintenance service for a period of time from the date of sale. The service will be rendered by the auto dealer in association with a third party agent. This service is all [part of having auto warranty. There are two categories of auto warranty. The first category, new car warranty, is issued to brand new cars. The second category, aftermarket auto warranty, is issued to used cars or pre-owned cars.

As per US federal law, all auto dealers should issue aftermarket auto warranty. Any deviation from this rule will invite penalty. Therefore, used car owners should insist on aftermarket auto warranty. Beware of fraudulent aftermarket auto warranty in circulation. The US federal law protects used car owners against fraudulent warranty. It is popularly called as lemon law.
The aftermarket auto warranty is available either in terms of the age of the car or the distance covered by it. The warranty period ranges between three months and three years. On the basis of distance covered by it, the warranty period ranges between 3,000 miles and 30,000 miles. Depending on the convenience of the car owner, the warranty may be purchased. Review at least 5 offers before selecting the warranty.

More about the aftermarket auto warranty

 

The aftermarket auto warranty, also known as the extended auto warranty, is simply that warranty which provides extra or additional warranty coverage to a vehicle with an existing warranty.  It may also be used to provide warranty coverage for the vehicle without any current warranty coverage.

The aftermarket auto warranty, also likened to a service warranty, is one that must be purchased separately from the vehicle during purchasing transactions.  It may or may not be purchased simultaneously with the vehicle however, and it can be purchased from any other dealer or provider for a stipulated period after the purchase of the vehicle and still be able to provide coverage for the vehicle during the time lapse between the two purchases.
The aftermarket auto warranty may be able to extend the coverage on a vehicle whose existing warranty coverage is due to expire soon, or it may be able to extend the terms of the coverage such that a limited warranty coverage may be converted into a fully comprehensive coverage.  Likewise, it may be able to extend the mileage coverage on a vehicle.  For the vehicle without any warranty coverage, it can be selected to provide any type of coverage that the vehicle owner may desire.

After Market Auto Warranty

Most of the manufacturers of a vehicle offer a warranty when the vehicle is purchased. But the warranty is only for a limited period of time or a limited mileage distance. After the manufacturers warranty expires all the repairing and unexpected breakdown costs have to be borne by the buyer of the vehicle. Many have to wait for years, saving every dime, or opt to apply for loans with high interest rates and in the mean time the maintenance cost keep on rising higher and higher. In such cases the best option is an After Market Auto Warranty. The aftermarket auto warranty program takes effect when the warranty period of the new car expires. With this aftermarket auto warranty program, various dealers of auto companies have experienced significant customer growth.

Many think that the car insurance can fulfill this purpose but this is not the case. Most of the car insurances cover costs in case of an accident and have an entirely separate option of maintenance and repair coverage. But, opting for an After Market Auto Warranty seems to be an intelligent choice, since these warranties can actually get you a discount on the costs of repairs or spare parts that need to be replaced. This will save you more money in the long run.  

Getting an Aftermarket Auto Warranty from a Dealer


 

When you purchase a new automobile from the dealer, the automobile is covered with a factory guarantee. This guarantee will pay for repair charges of your automobile for a definite time period or mileage whichever happens earlier. After the initial factory warranty gets expired, you might prefer to buy a continued warranty. Any kind of warranty given to you by a dealer or a third party apart from the initial factory warranty is called an aftermarket car auto warranty.

Guaranties can be purchased either from a 3rd party company or through a dealer. Purchasing the warranty from a dealer is the most secure method since they will endorse the warranty in future if there is a need. Sometimes agents who sell an after market auto warranty simply vanish and you may face a tough time finding the network garages for repairs and claim your benefits. Nevertheless, warranties purchased from dealers are costlier, and at times present lesser coverage as compared to warranties purchased from 3rd party companies. Irrespective of where you purchase the warranty coverage from, take time to do a bit of research first. You need to be certain that you are buying it from an A grade company prior to dealing with them. A number of 3rd party concerns are members of risk-retention, under-funded groups as opposed to casualty insurance and true property groups. By purchasing your warranty from a dealer, you can be certain about stability.

Be careful during selection

Every car requires repairs and maintenance periodically for it to run efficiently. It is imperative for car owners to maintain their vehicles in immaculate condition. At the same time, it is the duty of he car dealer to assist the owners in maintaining the vehicle. Such assistance rendered by vehicle owners in maintaining the vehicle is part of the warranty. The warranty is offered in association with a third party vendor, for a fixed period of time from the date of sale of the car. There are two categories of warranties, known as new car warranty and an aftermarket car warranty.

While a new car warranty is issued to brand new cars released from showrooms,an aftermarket car warranty is issued to used cars or pre-owned cars. An aftermarket auto warranty is priced higher when compared to new car warranties. The risks involved in maintaining an old car are greater than a brand new car, which is just off the factory assembly line.

While purchasing an aftermarket auto warranty, review at least four to five warranties since the features and services vary. Buy a short duration warranty since it offers the flexibility of changing it in case the service provided is disatisfactory. Opt for a warranty, which offers the best of the services.



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